Sports Event Contracts: How Prediction Markets Are Quietly Draining State Gaming Tax Dollars

Walk into any regulated U.S. sportsbook today and you’ll see a familiar value exchange: fans place bets, operators pay taxes and fees, and states and tribes use that money to fund schools, roads, public safety, and community programs. Now compare that to a prediction-market platform offering “sports event contracts” — binary trades on NFL point … Continue reading Sports Event Contracts: How Prediction Markets Are Quietly Draining State Gaming Tax Dollars